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501 Grand Blvd, Colorado Springs, CO, 80911

3beds
2baths
2,808sqft
$399,000
$142price/sqft
$2,641/moest. monthly cost
$105,640/yrincome needed

About This Home

Welcome home! This beautifully updated 3-bedroom, 2-bath ranch sits on a spacious, fully fenced lot with RV parking, a storage shed, and a covered patio. Inside, you’ll find granite countertops, stainless steel appliances, updated cabinetry, and spacious living areas filled with natural light. The inviting sunken family room features a cozy electric fireplace, while the private primary suite offers a spa-inspired bathroom. Relax year-round in the hot tub room. Recent updates include new energy-efficient windows, a newer roof, updated bathrooms, and an electric fireplace, making this home truly move-in ready. Conveniently located near shopping, dining, schools, Fort Carson, Peterson Space Force Base, and I-25. Don’t miss this incredible opportunity! An additional unfinished room provides a great opportunity for future expansion or customization to fit your needs.

Getting Around

37
WalkingCar-Dependent
24
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

8/10
4/10
4/10
Widefield High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1955

Materials

  • Roof: Composite Shingle
  • Construction materials: Stucco,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas in Kitchen,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partial,Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Great Room
  • Flooring: Tile,Vinyl/Linoleum,Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric,One
  • Fireplace: Yes
  • Finished area below ground: 415
  • Finished area above ground: 2,393

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Ceiling Fan(s),Wall Unit(s)

Interior Area

  • Total structure area: 2,808
  • Total interior livable area: 2,808 sqft

Other

  • Level: Main

Property

Details

  • Parcel number: 6513213002

Features

  • Patio & porch: Concrete,Covered
  • Has spa: Yes
  • Spa features: Hot Tub/Spa
  • Fencing: Full

Lot

  • Lot size: 9,600 sqft
  • Features: Level,Wooded,Near Fire Station,Near Park,Near Public Transit,Near Schools,Near Shopping Center

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage Door Opener,Workshop in Garage,Concrete Driveway,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Hail
Inland Flooding
Lightning
Tornado
Strong Wind

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$264$3,168
Property Taxes $149$1,788
Electricity $211$2,543
Total$2,641$31,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,548/yr
40% on housing$79,230/yr
45% on housing$70,426/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 80911$151
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80911
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-26Listed for sale$399,000
2024-11-27Sold$375,000
2024-11-01Listed for sale$375,000
2024-10-06Listing removed$399,999
2024-09-27Price change$399,999
2024-09-13Listed for sale$415,000
2016-03-08Sold$175,000
2016-01-29Price change$177,500
2015-12-03Price change$187,500
2015-09-23Price change$189,500
2015-08-24Listed for sale$194,500

For Sale by Agent

AgentBelinda Yeboah
BrokerageBuy Smart Colorado

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